Business
Somalia Secures $2 Billion in Debt Relief from Paris Club
March 14, 2024
Somalia Secures $2 Billion in Debt Relief from Paris Club
The world’s richest nations agreed to cancel more than $2 billion of Somalia’s liabilities to help the war-torn nation restore…
Kenya Shilling Now Trading at 138 Units
March 13, 2024
Kenya Shilling Now Trading at 138 Units
The Kenyan Shilling has seen a notable appreciation against the dollar, closing at 138.8 units as of Wednesday. This marks…
Shilling Strength Sees Kenya’s Billionaire Investment Up Ksh.209 Billion
March 13, 2024
Shilling Strength Sees Kenya’s Billionaire Investment Up Ksh.209 Billion
Merali family has witnessed an uptick in its investments in under four days, thanks to the gains in the shilling.…
Products Faulu Bank Offers Women in Business
March 13, 2024
Products Faulu Bank Offers Women in Business
Faulu Bank has developed a range of financial products tailored to the unique needs of its women clientele. With over…
Kenya Shilling Up 2.1% to Record 139 Units Against Dollar
March 12, 2024
Kenya Shilling Up 2.1% to Record 139 Units Against Dollar
The US Dollar has lost its grip against the Kenya Shilling after it opened the week at 139 units low.…
Superior Homes to Build Ksh.14 Billion Property in Lukenya
March 11, 2024
Superior Homes to Build Ksh.14 Billion Property in Lukenya
Superior Homes has unveiled a Ksh.14 billion gated community in Lukenya, Machakos County. Spread across an expansive 172-acre, the development…
How KBA is Empowering MSMEs in Kenya: Impact Evaluation Survey Report2024
March 11, 2024
How KBA is Empowering MSMEs in Kenya: Impact Evaluation Survey Report2024
Micro, Small and Medium Enterprises (MSMEs) are the backbone of the Kenyan economy, contributing over 40% of GDP and employing…
Uganda Shilling Up 0.8% to 3,884 Per Dollar
March 7, 2024
Uganda Shilling Up 0.8% to 3,884 Per Dollar
Uganda’s shilling advanced the most in seven months in Kampala before an unscheduled meeting of the central bank’s monetary policy…
Saudi Aramco Eyes US LNG Plant in New Buyout Plan
March 7, 2024
Saudi Aramco Eyes US LNG Plant in New Buyout Plan
The US LNG market is anticipating new buyers from two oil giants in the Middle East -Saudi Aramco and ADNOC.…
Mobile Lenders in Kenya Now 51 After New Approvals
March 6, 2024
Mobile Lenders in Kenya Now 51 After New Approvals
The Central Bank of Kenya (CBK) has approved 19 new mobile lenders in Kenya, bringing the total number of licensed…